NOT LISTED FOR SALE

1113 Watson St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,271,000 - $1,311,000

5 Beds
3 Baths
1,819 Sq Ft
$711/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2026

Last sale price $1,300,000 $715 Per Sq Ft

Current estimated payment $7,722 / mo

13 Days on Market

Highlights

  • Shutters
  • Central Air
  • Fenced
  • Outdoor Storage
  • Ceiling Fan
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of March 2026

Historic Old Town Key West Duplex | Income-Producing Island Opportunity Discover the timeless charm of Old Town Key West in this truly unique and character-rich historic duplex, offering both lifestyle flexibility and excellent income potential. Filled with authentic island personality, this property is ideal for an owner-occupant, investor, or anyone seeking the classic Key West way of life. The downstairs residence features a spacious three-bedroom, two-bath layout highlighted by a large screened-in porch, perfect for morning coffee, cooling island breezes, and relaxed evenings. An outdoor yard provides a rare Old Town bonus, offering space for entertaining, pets, or simply enjoying the tropical surroundings. Upstairs, a separate two-bedroom, one-bath apartment offers privacy and charm, making it well suited for long-term rental, guest accommodations, or supplemental income. The flexible configuration allows you to live in one unit while renting the other, creating an ideal live-work-rent opportunity in a highly desirable location. Off-street parking for up to three vehicles is a true Old Town luxury, and a shared laundry area adds everyday convenience. Distinctive architectural details throughout reflect the historic character and quirky charm that define Old Town Key West. Whether you are seeking a smart income-producing investment, a multi-generational living arrangement, or a home that captures the spirit and history of the island, this duplex offers endless possibilities in one of Key West's most sought-after neighborhoods.
Use as a single family home for a large family! Classic, unique, and income-ready, this is a rare opportunity to own a genuine piece of Old Town Key West.

Last Agent to Sell the Property

Dawn McComish

Lokation Real Estate License #3021595 Listed on: 01/19/2026

Last Buyer's Agent

Zainya Zimmerer

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3537722

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,555

Year Built

  • Built in 1938

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 50 x 80
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,819 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Shutters
  • Drapes & Rods
  • Aluminum Window Frames

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00033552-000000

Community Details

Overview

  • Gwynn Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,555

Year Built

Built in 1938

Lot Details

4,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Building Style Above Flood: Unknown
  • Financial Status Standard Sale: Yes
  • Property Sub Type: Duplex
  • LotSizeAcres: 0.09
  • Lot Size: 50 X 80
  • Co List Office Mls Id: 1035217-0
  • Subdivision Name: Gwynn Sub (1.0)
  • Dockage: None
  • Vehicle Storage: Off Street Parking
  • Waterview: No Waterview
  • Shutters: Panel
  • Building Style: Stories: 2 Stories
  • Financial Status: Bank Owned: No
  • Financial Status: Potential Short Sale: No
  • Pre-Wired: Cable
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Features: Drapes/Blinds Incl
  • WindowsDoors: Aluminum Windows

Exterior Features

  • Waterfront: No
  • Exterior Features: Fencing, Storage
  • Construction Type: Frame
  • General Property Description: Waterfront: No
  • Waterfront: None
  • Roof: Metal Roof

Utilities

  • Utilities: Water Separate Meter, Elect Separate Meter
  • Cooling: Central Air, Ceiling Fans(s)
  • Utilities: FKAA, Municipal Sewer, Buyer to Verify, Propane, Water Separate Meter, Elect Separate Meter

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Parcel Number: 00033552-000000
  • Lot Size Sq Ft: 4000.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9554.94

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2026
Closed on
Mar 20, 2026
Sold by
Bought by
Seller's Agent
Dawn McComish
Lokation Real Estate
Buyer's Agent
Zainya Zimmerer
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,455,000
Sold Price
$1,300,000
Premium/Discount to List
-$155,000
-10.65%
Views
4
Current Estimated Value
$1,293,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,057
Avg. Annual Appreciation
-1.85%
Original Mortgage
$975,000
Outstanding Balance
$974,050
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$319,893

Purchase Details

Listed on
Nov 8, 2013
Closed on
Sep 3, 2014
Sold by
Bought by
Seller's Agent
Maclaren Maclaren
Lower Keys Realty, Co.
Buyer's Agent
Danny Sine
Paradise Real Estate in Key West (KW)
List Price
$869,000
Sold Price
$730,000
Premium/Discount to List
-$139,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Jul 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.37%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 None Listed On Document
$730,000 Attorney
$111,700 Attorney
-- Chicgo Title Of The Fl Keys
$640,000 Chicago Title Of The Fl Keys
$640,000 Chicago Title Of The Fl Keys
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $975,000
Previous Owner $320,000
Previous Owner $510,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2026 03/20/26 Sold $1,300,000 -10.7% $715 / Sq Ft
01/19/2026 01/19/26 For Sale $1,455,000 +99.3% $800 / Sq Ft
09/03/2014 09/03/14 Sold $730,000 -16.0% $401 / Sq Ft View Prior Sale
06/06/2014 06/06/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $869,000 -- $478 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,965 $1,093,618 $665,640 $427,978
2024 $8,011 $1,115,182 $687,140 $428,042
2023 $8,011 $906,071 $506,540 $399,531
2022 $7,316 $845,336 $436,880 $408,456
2021 $6,752 $673,340 $348,300 $325,040
2020 $6,813 $691,783 $362,920 $328,863
2019 $6,464 $673,746 $359,480 $314,266
2018 $5,872 $560,638 $319,920 $240,718
2017 $5,965 $560,807 $0 $0
2016 $7,412 $678,942 $0 $0
2015 $7,226 $640,286 $0 $0
2014 $4,779 $428,427 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2026

    Dawn McComish

    Lokation Real Estate

  • Zainya Zimmerer

    Buyer's Agent in 2026

    Zainya Zimmerer

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 240-5476

    9 in this area

    21 Total Sales

    Zainya Zimmerer
    Section Image

  • M

    Seller's Agent in 2014

    Maclaren Maclaren

    Lower Keys Realty, Co.

  • D

    Buyer's Agent in 2014

    Danny Sine

    Paradise Real Estate in Key West (KW)

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 618191

APN: 00033552-000000

Florida Monroe County Key West 33040 Old Town

1113 Watson St, Key West, FL

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